IMPLEMENTATION OF IMPORT PROHIBITION POLICY AND THE GROWTH OF TEXTILE MANUFACTURING INDUSTRY: A FOCUS ON LAGOS STATE, SOUTH WESTERN NIGERIA, 1999-200

Abstract

This contributed to the tremendous growth of modern textile industries in South Western Nigeria (Olajideet al., 2009). As a result of the progress that was being recorded in the textile industry, traders then shifted to the thriving manufacturing industry. This led Indian and Lebanese investors to establish textile manufacturing industries in South Western Nigeria (Salau, 2008). Their investments boosted textile manufacturing in the region such that, at present, no fewer than eighteen (18) out of the thirty-four (34) operating textile manufacturing industries in Nigeria are located in Lagos State, South Western Nigeria. This accounts for the focus on LagosState, South Western, in view of high concentration of over 50 percent of the operating textile
manufacturing industries in the country in the region, to test the impact of import prohibition policy on the growth of textile manufacturing industry in Nigeria